Health Startup CureFit Laps up $25 million in Series B Funding

CureFit raises $25 million in Series B funding. The Bengaluru based health and fitness startup CureFit has lapped up $25 million (Rs 160 crore) in series B funding from its existing investors, according to the statement issued by the company. The existing investors include Accel Partners, IDG Ventures, Kalaari Capital and UC-RNT Fund. Almost one week…

ByGirish ShettiAugust 28, 20170Comments

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Restaurant Solution Startup Mobikon Raises $7 Mn in Series B Funding

Mobikon raises Series B funding. Restaurant solution provider Mobikon has managed to rake up $7 Mn in a Series B funding led by various high profile VC firms including Sistema Asia Fund, C31 Ventures, and Qualgro. The funding also saw participation from existing investors Spring Singapore and Jungle Ventures. Mobikon will be using the funds to further…

ByGirish ShettiAugust 28, 20170Comments

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Expedia’s Dara Khosrowshahi to be appointed as new CEO of Uber

The board of Uber Technologies Inc. has made a surprise decision to offer the role of its Chief Executive Officer to the current head of Expedia, Dara Khosrowshahi. A spokesperson from Uber has confirmed that this decision was made after long meetings over the weekend. He mentioned that board has voted for Khosrowshahi as the…

ByAnkit KumarAugust 28, 20170Comments

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Healthcare startup Medinfi Grabs another Funding from International Angel Investors

Medinfi raises funds from international angel investors. Healthcare startup Medinfi has raked up nearly Rs 80 lakhs ($125,000) from various international investors. This is the sixth round of funding for the Bengaluru based startup ever since its launch in 2014. Three of these funding (including the current one) have taken place this year. According to the…

ByGirish ShettiAugust 26, 20170Comments

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Digital Payment Solutions Firm Ezetap gets fresh funding of $16 million

Ezetap, the Bengaluru based payment solution firm has raised a funding of $16 million from US-based venture capital firm JS Capital Management and several other investors. The total funding received by the firm so far has increased to $51 million after this latest funding round organized by Jonathan Soros owned JS Capital. ezetap Cashless Economy India has…

ByAnkit KumarAugust 25, 20170Comments

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Tiger Global Mulling $15-million Investment in News Media Startup Inshorts

Tiger Global Management planning to invest in Inshorts. New York based VC giant Tiger Global Management is in advanced talks to lead a $10-15-million of funding in its portfolio company Inshorts, according to two people familiar with the matter. Inshorts is a news media startup that offers quick and rapid news to smartphone millennials, bringing all…

ByGirish ShettiAugust 25, 20170Comments

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Software development community Indiez Rakes up Seed Funding from Private Investors: Report

Indiez raises $500,000 in seed funding. Bengaluru and San Francisco based software development community Indiez has raked up $500,000 (around Rs 3.2 crore) in seed funding round from Haresh Chawla, partner in venture capital firm True North (formerly known as India Value Fund). Another unnamed angel investor also participated in the seed funding round. The founders have…

ByGirish ShettiAugust 24, 20170Comments

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India Post sends Copy Infringement Notice to Paytm over use of word ‘Postcard’

Paytm gets showcase notice from India Post. India Post has sent a showcase notice to payment major Paytm warning the latter must desist from the using word 'Postcard.' The government owned India Post has sent a showcase notice to payment major Paytm over usage of the word ‘postcard’ for its recently launched product. According to media reports,…

ByGirish ShettiAugust 24, 20170Comments

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Bira 91 Raises Fresh Funds, Aims at Global Expansion

Maker of Bira 91 craft beer has raised $8 million in fresh round of funding from Sequoia Capital. The company now aims to enter in five new markets. B9 Beverages Pvt Ltd, maker of Bira 91 craft beer, has raised nearly $8 million in fresh round of funding from well-known VC firm Sequoia Capital India,…

ByGirish ShettiAugust 24, 20170Comments

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Smart Software Backs Bengaluru Based Crowd Testing Startup with Strategic Investment

Crowd Testing Startup Crowd4Test.com secures strategic investment. A US-based startup Smart Software Testing Solutions Inc. (SSTS) has picked up a stake in Crowd4Test.com by investing undisclosed amount in the Bengaluru based firm. After all the procedures of the deal are completed, SSTS’s co-founder and director Avinash Tiwari will join Crowd4Test’s board of directors team. Tiwari said in…

ByGirish ShettiAugust 23, 20170Comments

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